SUSEP definition
Examples of SUSEP in a sentence
The Concessionaire shall take out and maintain in force, throughout the term of this Agreement, insurance cover for Exploration and Production activities, contracted with an insurance company duly registered with the Superintendence of Private Insurance (SUSEP), for all cases required by Applicable Law, without this implying any limitation of its liability under this Agreement.
The insurance through affiliates is admitted where provided by a company authorized to perform this activity by the Superintendence of Private Insurance (SUSEP) and previously approved by ANP.
The Concessionaire shall take out and maintain in force, throughout the term of this Agreement, insurance cover for Exploration and Production activities, contracted with an insurance company in good standing with Superintendence of Private Insurance (SUSEP), for all cases required by Applicable Law, without this implying any limitation of its liability under this Agreement.
The insurance through Affiliated Companies is accepted when provided by a company authorized to perform this activity by the Superintendence of Private Insurance (SUSEP) and previously authorized by the ANP.
This Memorandum will be effective from the date of its signature by SUSEP and the NAIC.
If the Insured stops fully or partially complying with the provisions of SUSEP Circular 06/92, he will be penalized as indicated below: o Reduction of the indemnity: the indemnity to which he would be entitled, should he have complied with the above provisions, will be reduced by the same proportion between the premium paid and the premium owed, calculated taking into account the non-compliance with the provisions of said Circular.
PayPal Services is not subject to approval, supervision or regulation bythe Central Bank (BACEN), Comissão de Valores Mobiliários (CVM) or Superintendência de Seguros Privados (SUSEP).
When in surety bond, the original copy or digital copy of the policy must be presented, duly certified or a second copy, issued in favor of the STATE, supplied by a surety company registered with the Superintendence of Private Insurance - SUSEP, in accordance with the conditions of the model in the AGREEMENT.
When in surety bond, the original copy or digital copy of the policy must be presented, duly certified or a second copy, issued in favor of the STATE and the REGULATORY AGENCY, supplied by a surety company registered with the Superintendence of Private Insurance - SUSEP, in accordance with the conditions of the model in the AGREEMENT.
It is understood and agreed that the provisions of SUSEP Circular 06/92 - "Regulation for granting discounts in the risks having their own means to detect and fight fires must be complied with," taking into consideration that the conditions set forth in this policy take into consideration the discounts referring to existing protection systems.